$865K
$159,308
Confidence
High
High
$835,000
Medium
$810,000
Low
$785,000
Confidence
Medium
"This charming threebedroom home basks in a sunny northfacing aspect, flooding every corner with beautiful natural light. This home offers a growing family plenty of living space plus great garaging and yard. It is certainly comfortable although there is an opportunity to add your own touches of creativity. Youll love the spacious feel of two separate living areas, also a fully enclosed sunroom which makes for 3 perfect areas for spreading out and making yourself at home. A peaceful front sunroom to enjoy a quiet coffee and read. The level fenced yard is an ideal playground for kids and pets, or even a blank canvas for your dream garden. As for garaging there is plenty of that on offer with double lock up garaging plus a carport suitable for 3 cars. The full package is begin offered at 58 Dean Parade Rankin Park. Plus living on this peaceful street means youre in the catchment zone for soughtafter Wallsend South Public School and Lambton High a big win for families. Adventure awaits just outside your door with nearby bush trails perfect for biking and walking. And for those everyday needs, Elermore Vale Shopping Centre is just a quick fourminute drive away, making grocery runs a breeze. Medical professionals will appreciate the super convenient sevenminute commute to John Hunter Hospital. Plus, getting in and out of Newcastle is a cinch with fast access to nearby arterial roads. Classic single level home on north facing 663.9sqm block Lounge and dining flows into open plan kitchendining, both areas with ac Kitchen with electric cooktop and oven dishwasher and outlook over backyard All three bedrooms with window finishes Master bedroom is super sized offering a builtin robe and ensuite Main bathroom with bathtub and separate wc Covered patio at the front of the home Level, fenced yard Long side driveway to oversized garage and carports Zoned for Wallsend South Public School and Lambton High School 6km from Westfield Kotara and Charlestown Square 6km10mins University of Newcastle, 9km12 mins M1 and Hunter Expressway, 8.2km16mins Newcastle Interchange, 11.3km18mins Bar Beach These true beauties dont last long, make sure you circle to inspect Rental Appraisal 590 620 per week Disclaimer We have obtained this property information from sources we believe to be reliable however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations."
-
76.1%
$865K
3.4%
-
-$21,928
2.9%
2.1%
-16.2%
6.0%
Did you know you need to engage a conveyancer when buying a property?
Request a free contract reviewAsking Price
-
Estimated Purchase Price
$810,000
Stamp Duty
$31,185
Transfer Fee
$165
Conveyancing
$1,480
Deposit (10%)
$81,000
Reg. Mortgage
$164
LMI Premium
$20,858
Renovation Costs
-
Total Cash/Equity Required
$135,403
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$23,400
$33,305
Property Management
+7.7% PA
$1,802
$2,565
Rates
+3.0% PA
$1,433
$1,870
Water
+3.0% PA
$1,127
$1,470
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$16,788
$24,465
Interest Repayments
$48,114
$48,114
Net Cashflow Before Tax
-$31,326
-$23,649
Depreciation
-
-
Tax Offset
-$9,398
-$7,095
Net Cashflow After Tax
-$21,928
-$16,554
Assumptions
Year 1
Year 10
Property Value
6.8%
$865,080
$1,563,859
Loan Balance
I.O
$729,000
$729,000
$136,080
$834,859
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2021 Population
Suburbs
Health Care and Social Assistance - 19.0%
Education and Training - 9.0%
Accommodation and Food Services - 8.0%
Retail Trade - 8.0%
Others - 56.0%
Average Income
Average Population
projected
for 2024 to 2026
Sales Price Growth (% Change)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
Sold Price
Asking Price